Top MBA Colleges in Aurangabad 2024: Fees, Admissions, Placements & Rankings

Top MBA Colleges in Aurangabad: Highlights 2024

Aurangabad MBA Colleges are approved by the UGC and AICTE and accredited by the NAAC. These well-established, some of the renowned MBA universities are around 16 Colleges. The MBA colleges in Aurangabad offer management programs with multiple specializations in Marketing, HR, Finance, IT, Operations and more. The MBA universities accept entrance-based admission of the candidates through popular entrance exams like CAT and MAT. 

Here are some of the key highlights related to the top MBA colleges in Aurangabad:-

Top 10 MBA Colleges in Aurangabad

An MBA stands for Master of Business Administration is a two-year master's degree program that teaches students various aspects of business management. Aurangabad has around 16 MBA institutes including 12 private MBA colleges and 4 government MBA colleges. With an affordable program fee structure ranging between INR 1,00,000 to INR 4,00,000, these MBA colleges in Aurangabad offer multiple different specializations to students concerning their field of interest.

Here are the top 10 MBA colleges in Aurangabad along with their establishment date, specializations offered, program fees and NAAC grade received by the university:-

Eligibility Criteria For Top MBA Colleges in Aurangabad

The MBA colleges in Aurangabad enable the students to specialise in areas like human resources, marketing, operation, business administration and information technology. A student could register him or herself in any of the colleges or universities of one’s choice located in Aurangabad. However, to be eligible for admission, there are some criteria, such as:

• They should possess at least a 10+2 education standard from any recognised board institution.
• A graduation degree in any stream from any University which is recognised by the University Grants commission of India.
• Standardised scores obtained in MBA entrance tests such as CAT, MAT, and MAH-CET.

Admission Process For Top MBA Colleges in Aurangabad

MBA Colleges in Aurangabad conduct an online admission process for the Master in Business Administration program through the university's official online portal. The Admission procedures vary for each university, as it can be either merit-based or entrance-based. Shortlisted candidates will further be called in for interview and verification rounds.

The admission process for admission in MBA colleges in Aurangabad is as below:

• Candidates must appear for entrance exams like CAT, MAT, MAH-CET and others whichever is accepted.
• Visit the university’s official website and click on the MBA admission link.
• Register through the online admission process by filling out the online application form.
• Complete the online application form by filling in the required personal details like name, address etc.
• The details of education, admission marks (if required) and other information will also be required.
• After filling in the details, upload the necessary documents like a photograph, signature, educational certificate etc.
• Finally, the list of selected candidates will be published on the university’s official website.
• Shortlisted candidates will then be called in for an interview, counselling and group discussion round.
• Afterwards, the students will be called in for the physical confirmation of the original documents by the university or faculty.
• Students can then complete the payment of the remaining course fees and then the seats will be confirmed.

Accepted Entrance Exam For Top MBA Colleges in Aurangabad

For a student to be considered for admission into any of the mentioned colleges in Aurangabad, one must sit and perform well in examinations such as the CAT, MAT, and MAH-CET. These are the common entrance examinations for MBA whose marks are accepted by all the MBA colleges in Aurangabad.

Here is a list of these examinations, along with their important dates:-

Common Admission Test (CAT)

• Registration Date: 1 August 2024
• Last Date to Register: 13 September 2024
• Examination Date: 24 November 2024

CAT is a popular examination in India conducted by the Indian Institute of Management. Overall, it evaluates the overall performance of college students placed into course areas like English, Reasoning, and Quantitative aptitude or any other measure of student competencies. This means that a candidate needs to be intelligent and able to learn in the short run to have a chance of being admitted to the CAT entrance examination.

Management Aptitude Test (MAT)

• Registration Date: June 2024
• Last Date to Register: 11 August 2024
• Examination Date: 18 August 2024

MAT is the sort of examination that is conducted across the country for those students who wish to pursue their MBA. It is an ADMI qualifying evaluation that affords an assessment of the students’ ensemble performance in such areas as, analytic ability, quantitative skills, logical thinking as well as reading comprehension abilities. This is among the most commonly preferred strategies by MBA aspirants.

Maharashtra Common Entrance Test (MAH-CET)

• Registration Date: 11 January 2024
• Last Date to Register: 12 February 2024
• Examination Date: 9 March 2024

MAH-CET remains the most popular exam that is taken by students who intend to get admission into MBA colleges in Maharashtra. These marks in this exam are likely to be no longer recognised by other state universities or colleges. It is done to compare the academic performance of students with special emphasis on vocabulary skills, numeracy, and reasoning ability.

Top Private MBA Colleges in Aurangabad

There are a total of 16 MBA Colleges and 12 Private MBA colleges in Aurangabad that allow students to Choose MBA degrees in operations management, human resource management, financial management, business administration, and information technology. However, admission to these colleges is subject to qualifying marks in entrance exams.

Here is a list of top private MBA colleges in Aurangabad, their fee structure, and exams accepted:-

Top Government MBA Colleges in Aurangabad

There are 4 Government MBA Colleges in Aurangabad. These colleges are recognised by the AICTE and UGC and have been accredited with an “A” grade by the NAAC. These colleges allow students to make a career in HR, finance, operations and production, and marketing.

Here is a list of top government colleges in Aurangabad, including their fee structure and admission criteria.

Placements and ROI For Top MBA Colleges in Aurangabad

Placements and ROI are some of the crucial factors that help students build their careers in the field of management and get a better return on investment. MBA colleges in Aurangabad have tie-ups with some of the most renowned companies in the industry. The average placement package offered by the candidates can range between INR 12,00,000 to INR 2,50,000. Companies like TCS, Reliance, Jio, Wipro, and more offer better job opportunities to candidates.

Here are some of the top MBA colleges in Aurangabad along with their top recruiters and ROI. 

Comparison Of the Best MBA Colleges in Aurangabad

MBA Colleges in Aurangabad offer good infrastructure, experienced faculty, and high career opportunities to the students. The college's fee structure is almost the same, and rangers are between 1 lakh and 2 lakh. However, the colleges are different in terms of NRIF Ranking. The NIRF ranking of the Deogiri Institute of Engineering and Management is 139th out of the top 200 colleges in India as compared to 154th of the MGM Institute of Management and Research.

Here is a detailed comparison of the top MBA colleges in Aurangabad on a different basis:-